The Thomson Reuters/PayNet Small Business Lending Index showed that small businesses in the US increased their borrowings in November 2013 compared to that of the previous year, Reuters reported.
North America
Tobii, Steel Series team up in new game eye-tracking control system venture
Tobii and SteelSeries have perfected an eye-tracking control system perfect primarily for game interaction, for example, will be showcased in a Las Vegas trade show next week, said a VentureBeat report.
Czech conglomerate CEZ Group may sign $10B Temelin nuclear plant expansion deal in 2015
CEZ Group, a utility conglomerate based in Prague, could ink a $10 billion deal to expand the Temelin nuclear power plant some time in the second quarter of 2015. CEZ is in talks with US' Westinghouse and a consortium that includes Russia's Atomstroyexport, according to a Reuters report.
California home gadget startup Nest set to value over $2B post-massive round
A report on new digital news site Re/Code quoted sources, who said the current massive fundraising of home gadget startup Nest could put its valuation to over $2 billion.
21st Century Fox to sell 47% stake in Star China TV to operator, China Media Capital
TV and film company 21st Century Fox on Thursday announced that it would put up for sale its 47% stake in Star China TV for an undisclosed sum. The said stake will be bought by private equity firm China Media Capital and the TV channel operator's management.
Latest News
The hacker group who called themselves the Syrian Electronic Army said they were the ones that attacked the social media accounts of Microsofit-owned Internet calling service Skype, Reuters reported.
The top dealmaker for Canadian retail mergers and acquisitions for 2013 is the Royal Bank of Canada, data from Bloomberg revealed. RBC has held the top spot for the third straight year.
The outflows of Jeffrey Gundlach's DoubleLine flagship fund in December last year amounted to $2.08 billion, according to research firm Morningstar's data, marking the seventh month in a row that investors have withdrawn money from the fund.
After leaving digital news publication AllThingsD with owner News Corp, editors and founders Kara Swisher and Walt Mossberg are focused on building its newest online news site venture called Re/code.
Pallonji Shapoorji Mistry was said to have earned $2.8 billion last year because of its holdings in Tata Consultancy Services Ltd and significant earnings in his construction group, Shapoorji Pallonji Group.
New York-based mass media company AOL Inc. reportedly sold media player Winamp and music service Shoutcast to Belgian online radio stations aggregator Radionomy. The deal is expected to be closed by the end of the week, said a TechSpot report.
Billionaire Warren Buffet is most likely going to fail in achieving his target for the first time since he took over Berkshire Hathaway in 1965, Bloomberg reported.
Despite recording huge losses in 2013, gold and silver investments are seen increasing, and analysts attributed these to the improving major economies, including the US.
Google Inc., which acquired startup Bump Technologies last year for $30 million to $60 million, will end the operations of smartphone file-sharing app Bump and photo-aggregating software Flock on January 31.
